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O. Young Kwon
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O. Young Kwon, NYU Ph.D. in Economics had worked in securities industry for ten years as a Registered Investment Adviser. He taught Macroeconomics and Statistics. Prior to his academic career, he was an Economist/Bank Supervisor at the Bank of Korea (the Fed's counterpart). In 2009 he set up the... More
  • Daytrading: TANER APP (IV)

    Trade cycle decleases while life cycle increases. How many days between buy dates and sell dates of our trades are trade cycles which tent to shrink recently. If trade cycles become zero, we call them daytrades.

    Daytrade was so popular several years ago. It was a fad in the investor world: Many naive ambitious traders sat on computers, and trades all day. They were misguiided by seminars and gurus with fancy charts and track records. Most daytraders ended up loosing their lifetime savings.

    Daytrades in this post are quite different in their features. They are simply byproducts of daily tradings to follow the TANER Momentums or to make gains in a very near term with some Leveraged ETFs/ETNs.

    This year 43 daytrades have been made. The average profit was 1.6% and the average two-way commissions was just $3.63. The follwong two tables show the results.

    Daytrading (2011) Sotrted by Trade Date

    SYMB

    B DATE

    B PRICE

    S DATE

    S PRICE

    COMM

    G/(NYSE:L) %

    #DAY

    CMG

    1/13/2011

    221.00

    1/13/2011

    227.05

    $0.00

    2.7%

    0

    BIDU

    2/7/2011

    118.75

    2/7/2011

    119.62

    $5.90

    0.5%

    0

    CENX

    2/16/2011

    16.68

    2/16/2011

    17.42

    $5.90

    4.1%

    0

    VXX

    2/28/2011

    30.09

    2/28/2011

    30.27

    $5.90

    0.3%

    0

    XIV

    3/7/2011

    127.79

    3/7/2011

    130.29

    $5.90

    1.6%

    0

    NFLX

    3/28/2011

    239.80

    3/28/2011

    239.92

    $5.60

    0.0%

    0

    BIDU

    6/2/2011

    132.81

    6/2/2011

    137.53

    $0.00

    3.6%

    0

    SSO

    6/23/2011

    48.93

    6/23/2011

    49.58

    $0.00

    1.3%

    0

    UYG

    6/23/2011

    58.55

    6/23/2011

    58.95

    $0.00

    0.7%

    0

    CMG

    8/9/2011

    295.00

    8/9/2011

    301.06

    $0.00

    2.1%

    0

    MCD

    8/9/2011

    84.28

    8/9/2011

    85.96

    $0.00

    2.0%

    0

    NFLX

    8/9/2011

    231.35

    8/9/2011

    237.00

    $0.00

    2.4%

    0

    MDY

    8/11/2011

    146.98

    8/11/2011

    150.51

    $0.00

    2.4%

    0

    MCD

    8/17/2011

    86.84

    8/17/2011

    87.13

    $4.92

    0.1%

    0

    MCD

    8/17/2011

    86.84

    8/17/2011

    87.13

    $2.45

    0.1%

    0

    MCD

    8/17/2011

    87.01

    8/17/2011

    87.48

    $4.92

    0.3%

    0

    MCD

    8/17/2011

    86.84

    8/17/2011

    87.48

    $2.46

    0.5%

    0

    DLTR

    8/18/2011

    62.51

    8/18/2011

    64.46

    $5.90

    2.8%

    0

    VNQ

    8/24/2011

    54.44

    8/24/2011

    55.25

    $5.90

    1.1%

    0

    YUM

    8/26/2011

    51.68

    8/26/2011

    52.88

    $5.90

    1.9%

    0

    CMG

    10/4/2011

    287.10

    10/4/2011

    299.95

    $0.00

    4.5%

    0

    CMG

    10/21/2011

    319.40

    10/21/2011

    328.55

    $0.00

    2.9%

    0

    NFLX

    10/25/2011

    75.00

    10/25/2011

    77.64

    $5.90

    3.0%

    0

    DIA

    10/27/2011

    120.69

    10/27/2011

    121.46

    $5.90

    0.1%

    0

    BEN

    11/3/2011

    104.55

    11/3/2011

    106.67

    $0.00

    2.0%

    0

    WMT

    11/8/2011

    58.05

    11/8/2011

    59.34

    $0.00

    2.2%

    0

    AMZN

    11/11/2011

    212.25

    11/11/2011

    217.27

    $5.90

    1.9%

    0

    FAS

    11/15/2011

    62.83

    11/15/2011

    65.23

    $5.90

    3.3%

    0

    UPRO

    11/16/2011

    59.19

    11/16/2011

    60.75

    $5.90

    2.1%

    0

    DDM

    11/21/2011

    53.17

    11/21/2011

    53.88

    $5.90

    0.9%

    0

    UWM

    11/25/2011

    28.89

    11/25/2011

    29.45

    $5.90

    1.4%

    0

    AMZN

    12/1/2011

    191.25

    12/1/2011

    197.16

    $0.00

    3.1%

    0

    IBM

    12/6/2011

    190.82

    12/6/2011

    193.31

    $5.90

    0.9%

    0

    AMZN

    12/7/2011

    191.19

    12/7/2011

    194.35

    $0.00

    1.6%

    0

    BEN

    12/9/2011

    97.10

    12/9/2011

    98.74

    $5.90

    1.3%

    0

    JPM

    12/9/2011

    32.59

    12/9/2011

    33.15

    $5.90

    1.3%

    0

    UPRO

    12/12/2011

    56.45

    12/12/2011

    57.11

    $0.00

    1.2%

    0

    TVIX

    12/13/2011

    40.77

    12/13/2011

    43.38

    $5.90

    5.9%

    0

    TVIX

    12/16/2011

    37.18

    12/16/2011

    37.61

    $5.90

    0.6%

    0

    TVIX

    12/19/2011

    37.91

    12/19/2011

    38.70

    $5.90

    1.6%

    0

    FAS

    12/20/2011

    57.25

    12/20/2011

    59.22

    $5.90

    2.9%

    0

    PRGO

    12/23/2011

    100.28

    12/23/2011

    101.00

    $5.90

    0.2%

    0

    BEN

    12/29/2012

    94.61

    12/29/2012

    95.83

    $5.90

    0.8%

    0

            
     

    TOTAL

    43

    TRADES

    AVG

    $3.63

    1.8%

    0

     

    Daytrading (2011) Sotrted by Ticker Symbol

    SYMB

    B DATE

    B PRICE

    S DATE

    S PRICE

    COMM

    G/(L) %

    #DAY

    AMZN

    11/11/2011

    212.25

    11/11/2011

    217.27

    $5.90

    1.9%

    0

    AMZN

    12/1/2011

    191.25

    12/1/2011

    197.16

    $0.00

    3.1%

    0

    AMZN

    12/7/2011

    191.19

    12/7/2011

    194.35

    $0.00

    1.6%

    0

    BEN

    12/9/2011

    97.10

    12/9/2011

    98.74

    $5.90

    1.3%

    0

    BEN

    11/3/2011

    104.55

    11/3/2011

    106.67

    $0.00

    2.0%

    0

    BEN

    12/29/2012

    94.61

    12/29/2012

    95.83

    $5.90

    0.8%

    0

    BIDU

    2/7/2011

    118.75

    2/7/2011

    119.62

    $5.90

    0.5%

    0

    BIDU

    6/2/2011

    132.81

    6/2/2011

    137.53

    $0.00

    3.6%

    0

    CENX

    2/16/2011

    16.68

    2/16/2011

    17.42

    $5.90

    4.1%

    0

    CMG

    1/13/2011

    221.00

    1/13/2011

    227.05

    $0.00

    2.7%

    0

    CMG

    8/9/2011

    295.00

    8/9/2011

    301.06

    $0.00

    2.1%

    0

    CMG

    10/4/2011

    287.10

    10/4/2011

    299.95

    $0.00

    4.5%

    0

    CMG

    10/21/2011

    319.40

    10/21/2011

    328.55

    $0.00

    2.9%

    0

    DDM

    11/21/2011

    53.17

    11/21/2011

    53.88

    $5.90

    0.9%

    0

    DIA

    10/27/2011

    120.69

    10/27/2011

    121.46

    $5.90

    0.1%

    0

    DLTR

    8/18/2011

    62.51

    8/18/2011

    64.46

    $5.90

    2.8%

    0

    FAS

    11/15/2011

    62.83

    11/15/2011

    65.23

    $5.90

    3.3%

    0

    FAS

    12/20/2011

    57.25

    12/20/2011

    59.22

    $5.90

    2.9%

    0

    IBM

    12/6/2011

    190.82

    12/6/2011

    193.31

    $5.90

    0.9%

    0

    JPM

    12/9/2011

    32.59

    12/9/2011

    33.15

    $5.90

    1.3%

    0

    MCD

    8/17/2011

    86.84

    8/17/2011

    87.13

    $4.92

    0.1%

    0

    MCD

    8/17/2011

    86.84

    8/17/2011

    87.13

    $2.45

    0.1%

    0

    MCD

    8/17/2011

    87.01

    8/17/2011

    87.48

    $4.92

    0.3%

    0

    MCD

    8/17/2011

    86.84

    8/17/2011

    87.48

    $2.46

    0.5%

    0

    MCD

    8/9/2011

    84.28

    8/9/2011

    85.96

    $0.00

    2.0%

    0

    MDY

    8/11/2011

    146.98

    8/11/2011

    150.51

    $0.00

    2.4%

    0

    NFLX

    3/28/2011

    239.80

    3/28/2011

    239.92

    $5.60

    0.0%

    0

    NFLX

    10/25/2011

    75.00

    10/25/2011

    77.64

    $5.90

    3.0%

    0

    NFLX

    8/9/2011

    231.35

    8/9/2011

    237.00

    $0.00

    2.4%

    0

    PRGO

    12/23/2011

    100.28

    12/23/2011

    101.00

    $5.90

    0.2%

    0

    SSO

    6/23/2011

    48.93

    6/23/2011

    49.58

    $0.00

    1.3%

    0

    TVIX

    12/13/2011

    40.77

    12/13/2011

    43.38

    $5.90

    5.9%

    0

    TVIX

    12/16/2011

    37.18

    12/16/2011

    37.61

    $5.90

    0.6%

    0

    TVIX

    12/19/2011

    37.91

    12/19/2011

    38.70

    $5.90

    1.6%

    0

    UPRO

    11/16/2011

    59.19

    11/16/2011

    60.75

    $5.90

    2.1%

    0

    UPRO

    12/12/2011

    56.45

    12/12/2011

    57.11

    $0.00

    1.2%

    0

    UWM

    11/25/2011

    28.89

    11/25/2011

    29.45

    $5.90

    1.4%

    0

    UYG

    6/23/2011

    58.55

    6/23/2011

    58.95

    $0.00

    0.7%

    0

    VNQ

    8/24/2011

    54.44

    8/24/2011

    55.25

    $5.90

    1.1%

    0

    VXX

    2/28/2011

    30.09

    2/28/2011

    30.27

    $5.90

    0.3%

    0

    WMT

    11/8/2011

    58.05

    11/8/2011

    59.34

    $0.00

    2.2%

    0

    XIV

    3/7/2011

    127.79

    3/7/2011

    130.29

    $5.90

    1.6%

    0

    YUM

    8/26/2011

    51.68

    8/26/2011

    52.88

    $5.90

    1.9%

    0

            
     

    TOTAL

    43

    TRADES

    AVG

    $3.63

    1.8%

    0

    Jan 01 6:12 AM | Link | Comment!
  • The Tiger Rule: TANER APP (III)

    There are three major investment markets: (a) equity (including ETF, option, equity mutual fund), (b) fixed-income security (corporate bond, treasury, and their mutual fund), and foreign exchange. This article, as the title clearly point to, focuses exclusively on the equity market with three stocks among the 60 equities in the TANER System, which was introduced in the previous article, TANER (part one). The major difficulty of this writing is threefold. The first is I have quite a wide spectrum of readers in terms of their trading experience, trading preference (long, short, or both), trading knowledge (about information, technique, or data), degree of independence, and computer skill (internet). The second is I have a broad range of professional readers in different areas such as brokerage, hedge fund, mutual fund, rating agency, insurer, bank, regulator, etc. I assume that I am reaching you not only within the U.S. but also, perhaps, globally. The third difficulty is how much I disclose my trading records without misleading you, but also without unintended over-disclosure, or without showing its limitations in my discussion.

    Price theory in Microeconomics teaches us that an equilibrium price of any commodity (in this case, equity) is determined by supply and demand schedules. Most of us do not know how markets bring that equilibrium price precisely, because we do not care about it. For my presentation, however, I have to touch briefly on the precise interaction process of supply and demand forces toward an equilibrium. That is the only way for me to explain (a) why high-beta equities such as BIDU (1.79), compared to low-beta equities such as MCD (0.53), are acting differently, (b) why "equity price theory" has not been developed at the first place, (c) what kind of information and data we should search and compile, and how to analyze and how to use them for our trading, (d) why this kind of research does not produce, quite often, the intended results, compared to more "simple" technical approach with some charts, (e) why I shy away from all available reports, recommendations, forecast, charts, brokerage services as a main ground for my investment decision, (f) why I invented the TANER System, which allows only the closing prices of members to enter, and (g) why the products of TANER are worth reviewing. (I will give you my answers in the next articles piecemeal.)

    The first step to understand the equilibrium process is that we must distinguish movements along the curve and movements due to shift of curves. Is this distinction too abstract? Let us proceed with a simple mental exercise. Imagine a supply curve, sloping upward to the right, and a demand curve sloping downward. The vertical axis is price and the horizontal axis is quantity. Let us assume that the current price is above the equilibrium price, and that the market develops an excess supply, which brings price down along the supply schedule to the left (meaning reducing supply due to competition among sellers), and along the demand schedule to the right (meaning increasing demand through competition among buyers). When you watch the MCD quote, you feel this process in some degree. How about BIDU or NFLX? It looks like a tiny airplane through storm at a certain moment.

    Think about why these are so different. The short answer is that BIDU is a tiger, while MCD is a turtle. The curves of turtles are relatively flat and stable. The curves of tigers are stiff (BIDU has almost vertical curves, which are twisted and disconnected in some portion). The stiffer the curve the more the price change. What are possible reactions of investors? They are chasing only tigers in the short run, ignoring good turtles which are adding substantial steady gains over a longer run. The final question is what causes shifts of curves. Earning surprises, new equity issues, dividend changes, M&A, regulation changes, buy-back plans, inside trading, brokerage (or rating agency) recommendations, and all local and global news are the main causes. Can you reasonably believe that you can cover all relevant information for only one tiger, say NFLX? I am afraid of hearing the answer "yes." Last week (Dec.13-17) I witnessed many articles, reports, comments, views, predictions, and curses, related to NFLX. All investors of NFLX cannot be winners simultaneously. The market rule is that an investor can win only by beating the other guy. That is why everybody is chasing the best information to edge up to others.

    I propose the following conclusion: "The Tiger Rule."

    The Tiger Rule

    Rule 1 : Each Bet is Strictly Independent.

    Rule 2 : 2 or 3 Tigers Only .

    Rule 3 : Maximum Commitment : 5% of Capital

    DISCLAIMER : The Tiger Rule is my own rule, which may not necessarily be suitable for you. Some adjustments based on your situation are required in case you want to adopt it.

    Some clarifications of the Rule : Rules 2 and 3 are straightforward. Rule 1, however, needs further clarification. The betting size and term depend on (a) the shape of supply and demand curves and (b) human judgment. Supply and demand curves are not directly observable.

    Riding Tigers is just one of my three extra activities ("Riding Tigers," "Day-Trading’" and "Long Shorts"), and is still in the process of development. So far, my experience dictates the following.

    "The stiffer the curves of the supply/demand schedule, and or, the swifter the shift of the schedule, the smaller the betting and/or the shorter the term."

    I have traded NFLX, BIDU, and CMG, quite often in 2010 and 2011 as well. The follwong two tables show the results.

    (NYSE:A) The 2011 Performance

    SYMB

    B DATE

    B PRICE

    S DATE

    S PRICE

    COMM

    G/(NYSE:L) %

    #DAY

    NFLX

    11/30/2010

    198.38

    1/27/2011

    209.61

    $5.90

    5.6%

    58

    NFLX

    12/2/2010

    198.80

    1/27/2011

    209.28

    $5.90

    5.3%

    56

    NFLX

    12/13/2010

    183.20

    1/10/2011

    187.04

    $5.90

    2.1%

    28

    NFLX

    2/23/2011

    215.10

    1/31/2011

    211.58

    $5.90

    -1.6%

    23

    NFLX

    2/23/2011

    207.90

    2/24/2011

    215.30

    $5.90

    3.5%

    1

    NFLX

    2/23/2011

    207.90

    2/24/2011

    215.30

    $5.90

    3.5%

    1

    NFLX

    2/23/2011

    216.17

    2/1/2011

    212.81

    $4.95

    -1.6%

    22

    NFLX

    2/28/2011

    204.40

    3/2/2011

    206.07

    $5.90

    0.8%

    2

    NFLX

    2/28/2011

    204.40

    3/1/2011

    206.07

    $5.90

    0.8%

    1

    NFLX

    3/8/2011

    199.93

    3/10/2011

    202.38

    $5.90

    1.2%

    2

    NFLX

    3/8/2011

    199.93

    3/9/2011

    202.38

    $5.90

    1.2%

    1

    NFLX

    3/17/2011

    216.76

    3/16/2011

    219.80

    $5.90

    1.4%

    1

    NFLX

    3/18/2011

    214.99

    3/22/2011

    219.70

    $0.04

    2.2%

    4

    NFLX

    3/28/2011

    239.80

    3/28/2011

    239.92

    $5.60

    0.0%

    0

    NFLX

    3/29/2011

    236.24

    3/28/2011

    239.92

    $3.25

    1.6%

    1

    NFLX

    4/6/2011

    239.99

    4/4/2011

    245.22

    $0.05

    2.2%

    2

    NFLX

    4/11/2011

    228.52

    3/23/2011

    225.25

    $5.90

    -1.4%

    19

    NFLX

    4/12/2011

    230.20

    4/13/2011

    235.35

    $0.05

    2.2%

    1

    NFLX

    4/18/2011

    230.19

    4/19/2011

    237.43

    $0.05

    3.1%

    1

    NFLX

    4/26/2011

    235.25

    4/20/2011

    241.00

    $5.90

    2.4%

    6

    NFLX

    4/26/2011

    239.99

    4/21/2011

    249.31

    $5.90

    3.9%

    5

    NFLX

    4/26/2011

    232.64

    4/28/2011

    236.00

    $5.90

    1.4%

    2

    NFLX

    5/3/2011

    232.40

    5/2/2011

    238.00

    $5.90

    2.4%

    1

    NFLX

    5/3/2011

    229.98

    5/9/2011

    232.92

    $5.90

    1.3%

    6

    NFLX

    5/16/2011

    241.32

    5/12/2011

    243.99

    $0.05

    1.1%

    4

    NFLX

    6/16/2011

    247.08

    5/23/2011

    246.91

    $5.90

    -0.1%

    24

    NFLX

    6/16/2011

    254.00

    5/25/2011

    259.38

    $5.90

    2.1%

    22

    NFLX

    8/9/2011

    231.35

    8/9/2011

    237.00

    $0.05

    2.4%

    0

    NFLX

    8/10/2011

    234.66

    8/11/2011

    240.07

    $0.05

    2.3%

    1

    NFLX

    8/22/2011

    210.45

    8/23/2011

    213.19

    $2.95

    0.9%

    1

    NFLX

    9/2/2011

    209.99

    9/6/2011

    215.50

    $0.05

    2.6%

    4

    NFLX

    9/1/2011

    233.72

    9/14/2011

    209.29

    $0.03

    -10.5%

    13

    NFLX

    9/13/2011

    207.13

    9/14/2011

    209.29

    $0.03

    1.0%

    1

    NFLX

    9/29/2011

    114.16

    10/5/2011

    119.66

    $2.95

    4.3%

    6

    CMG

    1/3/2011

    215.00

    2/3/2011

    236.11

    $0.04

    9.8%

    31

    CMG

    1/13/2011

    221.00

    1/13/2011

    227.05

    $0.03

    2.7%

    0

    CMG

    2/8/2011

    245.36

    2/10/2011

    278.23

    $0.05

    13.4%

    2

    CMG

    2/11/2011

    248.35

    2/14/2011

    269.80

    $5.90

    8.6%

    3

    CMG

    2/15/2011

    271.41

    4/5/2011

    277.14

    $5.90

    2.1%

    49

    CMG

    2/22/2011

    254.31

    3/15/2011

    259.45

    $5.90

    2.0%

    21

    CMG

    8/9/2011

    295.00

    8/9/2011

    301.06

    $0.05

    2.1%

    0

    CMG

    8/10/2011

    296.74

    8/11/2011

    309.93

    $0.05

    4.4%

    1

    CMG

    8/17/2011

    316.01

    9/19/2011

    333.00

    $2.95

    5.1%

    33

    CMG

    9/20/2011

    334.05

    9/21/2011

    340.98

    $0.05

    2.1%

    1

    CMG

    10/4/2011

    287.10

    10/4/2011

    299.95

    $0.05

    4.5%

    0

    CMG

    10/4/2011

    293.83

    10/10/2011

    301.19

    $0.05

    2.5%

    6

    CMG

    10/21/2011

    319.40

    10/21/2011

    328.55

    $0.05

    2.9%

    0

    BIDU

    2/7/2011

    118.75

    2/7/2011

    119.62

    $5.90

    0.7%

    0

    BIDU

    2/7/2011

    118.75

    2/14/2011

    131.02

    $5.90

    10.3%

    7

    BIDU

    2/15/2011

    128.56

    3/23/2011

    130.83

    $5.90

    1.7%

    36

    BIDU

    2/22/2011

    123.00

    4/4/2011

    139.61

    $5.00

    13.5%

    41

    BIDU

    5/23/2011

    129.57

    5/24/2011

    131.42

    $0.05

    1.4%

    1

    BIDU

    5/23/2011

    129.57

    6/1/2011

    136.34

    $0.05

    5.2%

    9

    BIDU

    6/2/2011

    132.81

    6/2/2011

    137.53

    $0.05

    3.6%

    0

    BIDU

    6/3/2011

    137.88

    6/30/2011

    139.40

    $0.05

    1.1%

    27

    BIDU

    6/7/2011

    123.86

    6/14/2011

    124.87

    $0.05

    0.8%

    7

    BIDU

    6/15/2011

    121.90

    6/21/2011

    124.44

    $0.05

    2.1%

    6

    BIDU

    7/8/2011

    146.71

    7/19/2011

    151.72

    $0.05

    3.4%

    11

    BIDU

    7/21/2011

    151.38

    7/22/2011

    154.75

    $0.05

    2.2%

    1

            
     

    59

     

    TRADINGS

    AVERAGE

    $2.99

    2.7%

    10

     

    (NYSE:B) The 2010 Performance

    SYMB

    B DATE

    B PRICE

    S DATE

    S PRICE

    COMM

    G/(L) %

    #DAY

    NFLX

    6/3/2010

    $112.78

    6/10/2010

    $119.02

    $0.00

    5.50%

    7

    NFLX

    7/8/2010

    $116.78

    7/12/2010

    $119.64

    $0.00

    2.40%

    4

    NFLX

    7/20/2010

    $117.13

    7/21/2010

    $123.25

    $5.90

    3.50%

    1

    NFLX

    7/23/2010

    $103.08

    7/23/2010

    $108.64

    $5.90

    4.20%

    0

    NFLX

    7/26/2010

    $102.40

    7/27/2010

    $104.67

    $5.90

    1.60%

    1

    NFLX

    7/28/2010

    $102.59

    7/30/2010

    $101.65

    $0.00

    -0.90%

    2

    NFLX

    7/29/2010

    $96.66

    7/30/2010

    $101.65

    $0.00

    5.20%

    1

    NFLX

    8/2/2010

    $101.46

    8/4/2010

    $106.85

    $0.00

    5.30%

    2

    NFLX

    8/5/2010

    $106.58

    8/5/2010

    $108.52

    $0.00

    1.80%

    0

    NFLX

    8/6/2010

    $108.90

    8/10/2010

    $124.25

    $0.00

    14.10%

    4

    NFLX

    8/17/2010

    $134.94

    11/22/2010

    $183.85

    $5.90

    36.00%

    97

    NFLX

    8/18/2010

    $129.00

    11/29/2010

    $194.93

    $5.90

    50.90%

    103

    NFLX

    8/23/2010

    $128.56

    9/1/2010

    $130.78

    $0.00

    1.70%

    9

    NFLX

    8/31/2010

    $122.60

    9/1/2010

    $130.78

    $0.00

    6.70%

    1

    NFLX

    9/10/2010

    $146.70

    9/13/2010

    $148.71

    $0.00

    1.40%

    3

    NFLX

    9/14/2010

    $146.87

    9/22/2010

    $152.60

    $2.95

    3.70%

    8

    NFLX

    9/28/2010

    $161.81

    9/29/2010

    $164.21

    $5.90

    1.20%

    1

    NFLX

    9/30/2010

    $167.68

    10/21/2010

    $173.06

    $5.90

    2.90%

    21

    NFLX

    9/30/2010

    $163.03

    10/26/2010

    $173.99

    $5.90

    6.30%

    26

    NFLX

    10/1/2010

    $159.99

    10/21/2010

    $170.97

    $4.95

    6.60%

    20

    NFLX

    10/28/2010

    $174.41

    11/10/2010

    $175.84

    $5.90

    0.50%

    13

    CMG

    2/2/2010

    $99.99

    3/1/2010

    $107.39

    $0.00

    7.40%

    27

    CMG

    9/9/2010

    $163.19

    9/10/2010

    $164.44

    $0.00

    0.80%

    1

    CMG

    9/29/2010

    $176.07

    10/5/2010

    $177.50

    $5.90

    0.50%

    6

    CMG

    10/28/2010

    $210.50

    11/4/2010

    $222.29

    $5.90

    5.30%

    7

    CMG

    12/6/2010

    $235.53

    12/7/2010

    $241.52

    $0.00

    2.50%

    1

    BIDU

    2/9/2010

    $439.90

    3/8/2010

    $534.50

    $0.00

    21.50%

    27

    BIDU

    7/12/2010

    $71.06

    7/13/2010

    $73.31

    $0.00

    3.20%

    1

    BIDU

    8/5/2010

    $85.73

    8/10/2010

    $87.89

    $0.00

    2.50%

    5

    BIDU

    10/6/2010

    $102.30

    10/18/2010

    $102.55

    $3.84

    0.10%

    12

    BIDU

    10/6/2010

    $102.30

    10/18/2010

    $104.68

    $3.84

    2.20%

    12

    BIDU

    10/6/2010

    $102.30

    10/22/2010

    $107.75

    $3.54

    5.20%

    16

    BIDU

    10/6/2010

    $102.30

    10/25/2010

    $109.62

    $3.54

    7.00%

    19

            
     

    33

    TRADINGS

     

    AVERAGE

    $2.65

    6.60%

    14

     

    NOTE: The columns of cost ($) and sale proceed ($) are hidden.

    Two losses: (-0.9%) on 7/30/2010) and (-10.5%) on 9/14/2011) out os 92 tradings : A loss ratio is 2.2%.

    Ten day-trading (NFLX: 8/5/2010, 7/23/2010, 3/28/2011, & 8/9/2011 CMG: 1/13/2011, 8/9/2011, 10/4/2011, & 10/21/2011 BIDU: 2/7/2011 & 6/2/2011),.

    Longest Holding : 103 days

    COMM : two-way commissions

    Tiger

    in The Tiger Rule has no relation with Tiger Woods.

    Dec 07 5:00 AM | Link | Comment!
  • How To Use Tms (TANER Momentums) (Nov. 7, 2011)

    On Nov. 7 TANER Momentums are posted as:

    TANER MOMENTUM:.NOV.7, 2011.ETF:T1(VDE VAW VXF) A1(NYSEARCA:VWO) E1(TIP PHB) R1(VPU BWX). One-month term. yk

    TANER MOMENTUM:.NOV.7, 2011.ETF T2(DIA VTI VAW VXF) A2(*) E2(NYSEARCA:VPU) R2(TIP VNQ BWX). Two-month term. yk

    TANER MOMENTUM:NOV.7, 2011.ETF T3(QQQ DIA VAW) A3(NYSEARCA:VTI) E3(*) R3(TIP BND PGF BWX). Three-month term. yk

    TANER MOMENTUM:NOV.7, 2011 STOCK T1(JOYG CAT FLS) A1(NASDAQ:NFLX) E1(MCD PRGO ESRX) R1(NASDAQ:DLTR). One-month term. yk

    TANER MOMENTUM:NOV.7, 2011:STOCK T2(PH CME) A2(KSU LIFE) E2(MCD ESRX) R2(KFT KO). Two-month term. yk

    TANER MOMENTUM.NOV.7, 2011 STOCK T3(DLTR HD CME) A3(NASDAQ:LIFE) E3(MCD KFT) R3(JNJ ESRX). Three-month term. yk

     

    What do you do these daily posts on StockTalk? We are on a learning curve to utilize a handy list of the TANER System which was set up in 2009 right after the 2007-2008 worldwide financial turmoil. Read a post titled Go TANER: The Market Primer, to refresh the basic concepts:

    * T (Topping) : leading leaders

    * A (Advancing): following leaders

    * N (Neutral): residual (not selected ones)

    * E (Emerging): leading laggards

    * R (Reversing): Following laggards

    The TANER System contains 20 ETFs and 40 stocks which represent the market and most sectors. Four ETFs and four stocks are selected as leaders (either T or A). Four ETFs and four stocks are selected as laggards (either E or R). In sum, eight ETFs out of twenty (40%) and eight stocks out of forty (20%) are selected as leaders or laggards, leaving 60% of ETFs and 80% of stocks as the residual in N.

    We can summarize the above six momentums as:

    ETF: 1-2-3 VAW TIP BWX

    ETF: 1-2 VXF VPU

    ETF: 2-3: DIA VTI

    ETF: 1 VDE VWO PHB

    ETF: 2:VNQ

    ETF: 3 QQQ BND PGF

     

    STOCK 1-2-3 MCD ESRX

    STOCK: 1-3 DLTR

    STOCK: 2-3 CME LIFE KFT

    STOCK: JOYG CAT FLS NFLX PRGO

    STOCK: 2:PH KSU KO

    STOCK: HD JNJ

    Note: The numbers are terms in month. Securities underlined are laggards.

     

    Everyday with this summary list, buys, sells, or exchanges (among mutual funds) can be made. All trades except exchanges are posted on StockTalks to share these trades with other investors. For options players (for me options are excluded) call/put posions can be taken.

    Updated How to Use TANER Momentums will be posted on Instablog every weekend prior to Monday. You can make the same summary every following day (Tue, Wed, Thu, and Fri). Your feedback is welcome. Our cooperated efforts will improve the application of this innovative system.

    Nov 05 7:28 PM | Link | Comment!
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